SF 858

12/17/24  REVISOR  JSK/DG  25-00884    as introduced
  SENATE
  STATE OF MINNESOTA
  NINETY-FOURTH SESSION  S.F. No. 858
  (SENATE AUTHORS: FARNSWORTH)
  DATE       D-PG  OFFICIAL STATUS
  02/03/2025       246 Introduction and first reading
  Referred to Capital Investment
1.1A bill for an act
1.2relating to capital investment; appropriating money for improvements to Carey
1.3Lake Recreation Area in the city of Hibbing; authorizing the sale and issuance of
1.4state bonds.
1.5    BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.6Section 1. HIBBING; CAREY LAKE RECREATION AREA.
1.7Subdivision 1. Appropriation. $5,200,000 is appropriated from the bond proceeds fund
1.8    to the commissioner of employment and economic development for a grant to the city of
1.9    Hibbing to design, construct, furnish and equip improvements and amenities to enhance
1.10   recreational opportunities in Carey Lake Recreation Area. This appropriation includes
1.11   money for improvements to the beach area, campground, park roads, for new ski, bike, and
1.12   multipurpose trails, and for other site improvements to park facilities and infrastructure.
1.13Subd. 2. Bond sale. To provide the money appropriated in this section from the bond
1.14   proceeds fund, the commissioner of management and budget shall sell and issue bonds of
1.15   the state in an amount up to $5,200,000 in the manner, upon the terms, and with the effect
1.16   prescribed by Minnesota Statutes, sections 16A.631 to 16A.675, and by the Minnesota
1.17   Constitution, article XI, sections 4 to 7.
1.18EFFECTIVE DATE. This section is effective the day following final enactment.
Section 1.  1